CalPERS makes new $10bn commitments to its climate transition plan
The $502bn system will commit $100bn to climate solutions by 2030. The system was first presented with the climate action plan in November.
California Public Employees’ Retirement System
Largest US Pension Fund CalPERS to increase allocations to non-core Real Assets strategies
The $501.39 system has repositioned its portfolios to benefit from non-core RA strategies. Core strategies exceed return benchmarks.
CalPERS’s Jean Hsu Steps Down
Jean Hsu steps
down after almost 25 years at the largest US pension fund
CalPERS’ Head of Private Equity Departs
Greg Ruiz joins Jasper Ridge Partners after helping ‘turn
around’ CalPERS’ PE program.
CalPERS Could Become a Big Secondary Buyer
System
in rare position to not only pursue fund stakes, but also do more co-investing.
CalPERS Looks to Up Its Private Equity & Infrastructure Investing
Plan also seeks to give leadership more authority to
approve fund investments, co-investments, and secondary transactions.
CalSTRS and CalPERS Look to Significantly Increase Co-Investing; Other Public Pension Funds See Potential in Strategy
Potential
to reduce fees paid to PE managers and generate strong returns spurs
institutional investors to find ways to collaborate with firm managers.
CalPERS’ Reports First Loss Since 2009
Strong
returns from private markets cannot offset equity and fixed income losses.
CalPERS Pulls Off Record Secondary PE Sale, Will Other LPs Follow?
Musicco says move enables pension plan to
‘capitalize on market opportunities.’
CalPERS and Other Investors Call for More Robust Carbon Pricing Policies
The 73 members of the Net-Zero Asset Owner Alliance
have $10.6 trillion in assets under management among them.